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1532 Jefferson St 4 Unit Apartment Building $1,759,905 CAD ($439,976 CAD/Unit) 8% Cap Rate Napa, CA 94559
Investment Highlights
- This property includes a keyless entry pad, a Nest thermostat, a fully updated kitchenette, and a modern full bathroom.
- The building is air conditioned and heated via an individual mini split system.
Executive Summary
This single-family residence provides a unique historical use as a multi-unit turnkey income producing property. This 1920 home offers 4 unique bedrooms with layouts that allow each room to be rented separately as a studio each having their own private/secure entrance, remodeled bathrooms and kitchenettes. There are 3 studios (1 furnished) and a 1-bedroom furnished unit. All rooms have been meticulously designed and updated with premium appliances in kitchenettes in the studios and a full chef's kitchen in the 1 bedroom. Four off street parking spaces are available in the rear of the building with a shared entrance driveway with the commercial building next door. Zoning is OC. Perfect as a 31+ day Airbnb or long-term leases easily producing an 8% cap rate.
Property Facts
| Price | $1,759,905 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $439,976 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.10 AC |
| Cap Rate | 8% | Building Size | 1,919 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1920/2021 |
| Property Subtype | Apartment | ||
| Zoning | SFR/OC - Single Family Residential and Office Commercial | ||
| Price | $1,759,905 CAD |
| Price Per Unit | $439,976 CAD |
| Sale Type | Investment |
| Cap Rate | 8% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 1,919 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1920/2021 |
| Zoning | SFR/OC - Single Family Residential and Office Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer Hookup
- Heating
- High Speed Internet Access
- Refrigerator
- Tub/Shower
- Yard
- Window Coverings
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Security System
- Furnished Units Available
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | - |
| 1+1 | 1 | - | - |
1 1
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (78)
Property Taxes
| Parcel Number | 003-121-037 | Improvements Assessment | $482,524 CAD |
| Land Assessment | $356,699 CAD | Total Assessment | $839,223 CAD |
Property Taxes
Parcel Number
003-121-037
Land Assessment
$356,699 CAD
Improvements Assessment
$482,524 CAD
Total Assessment
$839,223 CAD
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1532 Jefferson St
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